Map of Property

The Next Wave - Building 2

Off-Market

1500 North McClintock Drive, Tempe, AZ 85281

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 239,787 SF
  • Lot Size 17.59 Acre
  • Parking Spaces Avail. 220
  • Parking Ratio 0.92 / 1,000 SF
  • Property Tenancy Vacant

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Tempe

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Tempe Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $27.62
  • 2022 Office Vacancy Rate 17.50%
  • 2022 Office Completions (SF) 739,253

Tempe Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $188.17
  • Y-o-Y Avg. PpSF Change -22.32%
  • 2022 Office Sales Volume $194.2M
  • 2022 Number of Transactions 22
View more Tempe market trends

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Tempe, AZ
  • Neighborhood Rio
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • Marina Heights / Rio Salado Pkwy

    1.65 miles

  • Hayden Ferry / Rio Salado Pkwy

    1.87 miles

  • University Drive/Rural

    1.93 miles

  • Veterans Way/ College

    1.94 miles

  • 3rd St / Mill Ave

    2.04 miles

  • Tempe Beach Park / Rio Salado Pkwy

    2.05 miles

  • Center Pkwy/ Washington

    2.08 miles

  • Mill Ave/ 3rd St

    2.09 miles

  • McClintock/ Apache Blvd

    2.14 miles

  • Dorsey/ Apache Blvd

    2.15 miles

  • QuikTrip

    0.83 miles

  • Shell

    0.89 miles

  • ChargePoint

    1.02 miles

  • Shell

    1.28 miles

  • Circle K

    1.38 miles

  • Circle K

    1.62 miles

  • Chevron

    1.84 miles

  • QuikTrip

    1.90 miles

  • Circle K

    1.95 miles

  • 76

    2.10 miles

  • Employee parking

    1.05 miles

  • Visitor/customer parking

    1.06 miles

  • Employee parking

    1.13 miles

  • Lot 56

    1.68 miles

  • Packard South Parking Structure

    1.72 miles

  • Novus Parking Structure

    1.85 miles

  • Hayden Ferry Lakeside Parking Garage

    1.86 miles

  • Stadium Parking Structure

    1.92 miles

  • Tyler Street Parking Structure

    1.97 miles

  • University Towers Parking Structure

    2.02 miles

  • Golden Bakery

    0.85 miles

  • Udupi

    0.89 miles

  • Carl's Jr.

    0.91 miles

  • Barrio Queen

    0.93 miles

  • Red Robin

    0.93 miles

  • Lucille's Smokehouse Bar-B-Que

    0.93 miles

  • The Keg

    0.94 miles

  • Mijana

    0.94 miles

  • Kabuki Japanese Restaurant

    0.95 miles

  • Dunkin'

    0.95 miles

  • Food City

    0.84 miles

  • Tempe Marketplace

    0.93 miles

  • Ross

    0.99 miles

  • Target

    1.12 miles

  • JCPenney

    1.17 miles

  • Fry's Food and Drug

    1.50 miles

  • Trader Joe's

    1.77 miles

  • Food City

    2.10 miles

  • Smart & Final

    2.16 miles

  • W Mart

    2.31 miles

  • CVS Pharmacy

    1.11 miles

  • FastMed Urgent Care

    1.45 miles

  • Scottsdale Fire Station Number 1

    1.61 miles

  • Tempe Police Station

    2.01 miles

  • Tempe Fire Department Station No. 1

    2.11 miles

  • Tempe Police Apache Substation

    2.20 miles

  • Fire Station 6

    2.33 miles

  • CVS Pharmacy

    2.36 miles

  • Tempe Police Property Room

    2.38 miles

  • ASU Police Department

    2.53 miles

Frequently Asked Questions

What is the total square footage of The Next Wave - Building 2?

The Next Wave - Building 2 totals 239,787 square feet.

What is the property tax for The Next Wave - Building 2?

The property tax for The Next Wave - Building 2 in 2022 was $73,042.

What is the market value for The Next Wave - Building 2?

The market value* for The Next Wave - Building 2 in 2022 was $4,207,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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